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For Sale:  Adams MLS# 7113142

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Active NEW!
$50,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 3 ba • Built 1983
1,236 sqft • 2.7 acres
Southland schools
MLS# 7113142
763-576-8286
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    Property Description

    CASH ONLY. Investor opportunity—priced well below market value! This side-by-side, single-level duplex offers tremendous upside potential for the right buyer. Situated on 2.7 acres, the property features two spacious units: one with 3 bedrooms and 2 bathrooms and the other with 3 bedrooms and 1 bathroom. The property sustained flood damage on July 8, 2026, and will require repairs and rehabilitation. Buyers ready to roll up their sleeves will appreciate the opportunity to restore this property and capitalize on its future income-producing potential. The property's unique architecture adds to its character and style, setting it apart from traditional investment properties.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $50,000
    Price per sq ft: $40
    Property Type: Multi-family
    City: Adams
    Garage Spaces: 1
    County: Mower
    Year Built: 1983
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55909

    Interior

    Bedrooms: 6
    Bathrooms: 3
    Finished Area: 1,236 ft2
    Living Area: 1,236 ft2
    Refrigerators: None
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 16X20
    Garage Size: 320 ft2
    Foundation Size: 2,308 ft2
    Handicap Accessible: No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Carport
    • Concrete
    • Gravel
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Roof Details:
    • Metal
    • Rubber

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 2.7
    Geolocation: 43.5698746626, -92.7227786787
    Lot Dimensions: 2.7 ACRES
    Zoning: Residential-Multi-Family

    Farm

    Topography: Flood Plain

    Schools

    School District: 500
    District Phone: 5075823283

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,104
    Annual Maintenance Expense: $3,209
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,968
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,280
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,280

    Income

    Annual Gross Income: $17,100

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Dwell Realty Group LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.